PRA Group, Inc.
Climate Impact & Sustainability Data (2021, 2022, 2024)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:65,060 MTCO2e
Scope 1 Emissions:62.38 MTCO2e
Scope 2 Emissions:22,459 MTCO2e
Scope 3 Emissions:38,321 MTCO2e
Water Consumption:9,221 HCF per year
Waste Generated:513 tons per year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed economizers in HVAC units, used white reflective roofing, installed airlocks on doors, installed LED lighting and Energy Star appliances, increased use of motion sensors
- PRA Group U.K. moved to a zero carbon facility at HALO Kilmarnock
Social Achievements
- Introduced a Global Diversity and Engagement Survey
- Launched an IT apprenticeship program
- Expanded benefits including wellness incentive associated with HSA, enhancements to paid parental leave, and access to onsite wellness and mental health screenings
- Introduced a suite of 18 emotional well-being e-learnings
- Created the Women in Business Advocates ERG and Mental and Emotional Well-being ERG and Caregivers: Allies and Advocates ERG
- Celebrated Global Inclusion Week and Women’s History Month
- Partnered with the Foodbank of Southeastern Virginia and the Eastern Shore to sponsor a virtual webinar titled “Racial Wealth Gap Simulator”
- Offered eight courses aligned with D&I strategy
- Achieved the Global Biorisk Advisory Council’s STAR™ accreditation for the second consecutive year
Governance Achievements
- Published inaugural ESG Tear Sheet
- Adopted a Statement on Human Rights
- Adopted a Political Contributions Statement
- Hired a Director of ESG
- Formally incorporated ESG in enterprise risk management program
Climate Goals & Targets
Environmental Challenges
- Limited access to metered environmental data due to leased facilities
- Data limitations in calculating Scope 3 emissions due to international operations
- Challenges in obtaining comprehensive data on international assets for emissions calculations
Mitigation Strategies
- Relied on standards generally accepted in ESG reporting and excluded offices with 15 or fewer employees for baseline data
- Working with procurement vendors to enhance Scope 3 reporting
- Planning to map international operations to calibrate Scope 3 emissions calculation
Supply Chain Management
Responsible Procurement
- Using supplier return programs and universal waste drop off centers for e-waste and universal waste disposal
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN SDGs, World Resource Institute’s Greenhouse Gas Protocol
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:33,785 MTCO2e
Scope 1 Emissions:38 MTCO2e
Scope 2 Emissions:3,483 MTCO2e
Scope 3 Emissions:30,264 MTCO2e
Water Consumption:8,762 HCF
Waste Generated:508 tons
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Relocation of Kilmarnock office to a net zero carbon mixed-used development facility in Scotland
- Adoption of first Environmental Statement
- Finalization of plans to transition all data center operations to cloud hosting
- Improved tracking of greenhouse gas emissions
Social Achievements
- Expanded Employee Resource Groups (ERGs) and Diversity and Inclusion (D&I) programming
- Launched Women in Business Advocates ERG and Mental and Emotional Well-Being ERG
- Held second annual Global Inclusion Week with 235% increase in engagement
- Introduced PRA Talks, a monthly conversation series
Governance Achievements
- ESG Steering Committee approved ESG Working Group Charter
- Mandatory annual compliance training for all employees and directors
- Maintained a code of conduct for all directors and employees
- Established an ethics hotline
Climate Goals & Targets
Environmental Challenges
- Data limitations due to leased facilities and international operations
- Limited access to metered data for water and energy consumption in some facilities
Mitigation Strategies
- Improved data collection, especially for Scope 2 emissions (metered energy data from 15 US, 11 European, 1 Australian, and 2 Canadian offices)
- Used proxies and estimations based on publicly available data for missing information
- Used CalRecycle data for waste footprint estimation and DOE data for water footprint estimation
Supply Chain Management
Responsible Procurement
- Mapping the diversity of the supply chain
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN SDGs, World Resource Institute’s Greenhouse Gas Protocol
UN Sustainable Development Goals
- SDG 1
- SDG 3
- SDG 5
- SDG 8
- SDG 10
- SDG 12
- SDG 13
PRA Group's objectives align with these SDGs through initiatives such as modernizing collections, expanding products, fostering a high-performing workforce, and promoting sustainable practices.
Awards & Recognition
- Two Bronze Stevie® Awards in the Most Valuable Corporate COVID-19 Response and Corporate Social Responsibility Program of the Year categories
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Responsible procurement